UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13E-3

(Rule 13e-100)

(Amendment No. 5)

 

RULE 13e-3 TRANSACTION STATEMENT UNDER SECTION 13(E)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

 

58.COM INC.

(Name of the Issuer)

 

58.com Inc.
Quantum Bloom Group Ltd
Quantum Bloom Company Ltd

Warburg Pincus China-Southeast Asia II (Cayman), L.P.
Warburg Pincus China-Southeast Asia II-E (Cayman), L.P.
WP China-Southeast Asia II Partners (Cayman), L.P.
Warburg Pincus China-Southeast Asia II Partners, L.P.
Warburg Pincus (Callisto) Global Growth (Cayman), L.P.
Warburg Pincus (Europa) Global Growth (Cayman), L.P.
Warburg Pincus Global Growth-B (Cayman), L.P.
Warburg Pincus Global Growth-E (Cayman), L.P.
WP Global Growth Partners (Cayman), L.P.
Warburg Pincus Global Growth Partners (Cayman), L.P.
Polarite Gem Holdings Group Ltd
General Atlantic Partners (Bermuda) IV, L.P.
General Atlantic Partners (Bermuda) III, L.P.
GAP Coinvestments CDA, L.P.
GAP Coinvestments V, LLC
GAP Coinvestments IV, LLC
GAP Coinvestments III, LLC
General Atlantic LLC
GAP (Bermuda) Limited
General Atlantic GenPar (Bermuda), L.P.
General Atlantic Singapore Interholdco Ltd.
General Atlantic Singapore Fund Pte. Ltd.
General Atlantic Singapore 58 Pte. Ltd.
General Atlantic Singapore 58TP Pte. Ltd.
Mr. Nanyan Zheng
Mr. Tianyi Jiang
Ocean Link Partners II GP Limited
Ocean Link Partners II GP, L.P.
Ocean Link Partners II, L.P.
Ocean Alliance III Company Limited
Ocean Alliance III, L.P.
Ocean Magical Site Limited
Mr. Jinbo Yao
Nihao China Corporation
Internet Opportunity Fund LP
Tencent Holdings Limited
Ohio River Investment Limited
THL E Limited
Huang River Investment Limited

(Names of Persons Filing Statement)

 

Class A Ordinary Shares, par value US$0.00001 per share*

American Depositary Shares, each representing two Class A Ordinary Shares

(Title of Class of Securities)

 

31680Q104**

31680Q906***

(CUSIP Number)

 

58.com Inc.
Building 105, 10 Jiuxianqiao North Road Jia,
Chaoyang District, Beijing 100015, People’s Republic of
China
Tel: +86 10 5956-5858
  Quantum Bloom Group Ltd
Quantum Bloom Company Ltd
Building 105, 10 Jiuxianqiao North Road Jia,
Chaoyang District, Beijing 100015, People’s Republic of
China
Tel: +86 10 5956-5858

 

Warburg Pincus China-Southeast
Asia II (Cayman), L.P.
Warburg Pincus China-Southeast
Asia II-E (Cayman), L.P.
WP China-Southeast Asia II Partners
(Cayman), L.P.
Warburg Pincus China-Southeast
Asia II Partners, L.P.
Warburg Pincus (Callisto) Global
Growth (Cayman), L.P.
Warburg Pincus (Europa) Global
Growth (Cayman), L.P.
Warburg Pincus Global Growth-B
(Cayman), L.P.
Warburg Pincus Global Growth-E
(Cayman), L.P.
WP Global Growth Partners
(Cayman), L.P.
Warburg Pincus Global Growth
Partners (Cayman), L.P.
Polarite Gem Holdings Group Ltd

c/o Warburg Pincus LLC,

450 Lexington Ave, New York,

NY 10017 

c/o Warburg Pincus Asia LLC,
Suite 6703, Two International
Finance Center, Central, Hong Kong
People’s Republic of China
Tel: +1 (212) 878-0600

General Atlantic Singapore
Fund Pte. Ltd.
General Atlantic Singapore
58 Pte. Ltd.
General Atlantic Singapore
58TP Pte. Ltd.
8 Marina View, #41-04,
Asia Square Tower 1,
Singapore 018960
Tel: +65 6661-6700
General Atlantic Partners
(Bermuda) IV, L.P.
General Atlantic Partners
(Bermuda) III, L.P.

GAP Coinvestments CDA, L.P.
GAP Coinvestments V, LLC
GAP Coinvestments IV, LLC
GAP Coinvestments III, LLC
General Atlantic LLC
GAP (Bermuda) Limited
General Atlantic GenPar
(Bermuda), L.P.
General Atlantic Singapore
Interholdco Ltd.
c/o General Atlantic Service
Company, L.P.,
55 East 52nd Street, 33rd Floor,
New York, NY 10055
Tel: +1 (212) 715-4000

 

Nanyan Zheng
Tianyi Jiang
Ocean Link Partners II GP Limited
Ocean Link Partners II GP, L.P.
Ocean Link Partners II, L.P.
Ocean Alliance III Company Limited
Ocean Alliance III, L.P.
Ocean Magical Site Limited

Room 1220, Unit 02A, 12/F,
International Commerce Centre,
1 Austin Road, West Kowloon, Hong Kong,
People’s Republic of China
Tel: +852 3669 8586
Jinbo Yao
Nihao China Corporation
Building 105, 10 Jiuxianqiao
North Road Jia, Chaoyang District,
Beijing, People’s Republic of China
Tel: +86 10 5956-5858
Tencent Holdings Limited
Ohio River Investment Limited
THL E Limited
Huang River Investment Limited
c/o 29/F, Three Pacific Place,
No. 1 Queen’s Road East,
Wanchai, Hong Kong,
People’s Republic of China
Tel: +852 3148 5100

 

Internet Opportunity Fund LP
PO Box 309,
Ugland House, Grand Cayman,
KY 1-1104, Cayman Islands
Tel: +86 10 5956-5858  

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

* Not for trading, but only in connection with the listing on the New York Stock Exchange of the American depositary shares
** This CUSIP applies to the American depositary shares, each representing two Class A ordinary shares
*** This CUSIP applies to the Restricted American depositary shares, each representing two Class A ordinary shares

 

With copies to:

 

Z. Julie Gao, Esq.
Skadden, Arps, Slate, Meagher
& Flom LLP
42/F, Edinburgh Tower,
The Landmark
15 Queen’s Road Central, Hong Kong,
People’s Republic of China
Tel: +852 3740-4700  
Peter X. Huang, Esq.
Skadden, Arps, Slate, Meagher &
Flom LLP
30/F, China World Office 2 No. 1,
Jianguomenwai Avenue
Chaoyang District,
Beijing 100004
People’s Republic of China
Tel: +86 10 6535-5577  
Gordon K. Davidson, Esq.
David K. Michaels, Esq.
Ken S. Myers, Esq.
Fenwick & West LLP
801 California Street
Mountain View, California 94041
United States of America
Tel: +1-650-988-8500  
Weiheng Chen, Esq.
Jie Zhu, Esq.
Wilson Sonsini Goodrich & Rosati
Suite 1509, 15/F Jardine House
1 Connaught Place Central
Hong Kong,
People’s Republic of China
Tel: +852 3972 4955  
       
Matthew W. Abbott, Esq.
Neil Goldman, Esq.
Judie Ng Shortell, Esq.

Paul, Weiss, Rifkind, Wharton
& Garrison LLP
1285 Avenue of the Americas,
New York, NY 10019
Tel: +1 212 373 3000  
Daniel Dusek, Esq.
Xiaoxi Lin, Esq.

Kirkland & Ellis

26th Floor, Gloucester Tower,
The Landmark
15 Queen’s Road Central
Hong Kong,
People’s Republic of China
Tel: +852 3761 3300
Tim Gardner, Esq.
William Welty, Esq.
Weil, Gotshal & Manges LLP
29/F, Alexandra House
18 Chater Road, Central
Hong Kong,
People’s Republic of China
Tel: +852 3476 9000  
Miranda So, Esq.
Davis Polk & Wardwell LLP
18th Floor, The Hong Kong
Club Building
3A Chater Road
Hong Kong,
People’s Republic of China
Tel: +852 2533 3373

 

     

 

This statement is filed in connection with (check the appropriate box):

 

¨   The filing of solicitation materials or an information statement subject to Regulation 14A, Regulation 14-C or Rule 13e-3(c) under the Securities Exchange Act of 1934.
     
¨   The filing of a registration statement under the Securities Act of 1933.
     
¨   A tender offer
     
x   None of the above

 

Check the following box if the soliciting materials or information statement referred to in checking box (a) are preliminary copies: ¨

 

Check the following box if the filing is a final amendment reporting the results of the transaction: x

 

Calculation of Filing Fee

 

Transaction Valuation***   Amount of Filing Fee****
US$5,850,013,059.80   US$759,331.70

 

*** Calculated solely for the purpose of determining the filing fee in accordance with Rule 0-11(b)(1) under the Securities Exchange Act of 1934, as amended. The filing fee is calculated based on the sum of (a) the aggregate cash payment of US$28.00 per share for the 203,159,849 issued and outstanding ordinary shares of the issuer (including shares represented by American Depositary Shares) subject to the transaction plus (b) the product of 2,376,780 ordinary shares issuable under all outstanding and unexercised options that shall have become vested or are expected to vest on or prior to December 31, 2020 multiplied by US$18.41 per share (which is the difference between the US$28.00 per share merger consideration and the weighted average exercise price of US$9.59 per share) plus (c) the product of 4,206,456 outstanding restricted stock units that shall have become vested or are expected to vest on or prior to December 31, 2020 subject to the transaction multiplied by US$28.00 per unit ((a), (b), and (c) together, the “Transaction Valuation”).

 

**** The amount of the filing fee, calculated in accordance with Exchange Act Rule 0-11(b)(1) and the Securities and Exchange Commission Fee Rate Advisory #1 for Fiscal Year 2020, was calculated by multiplying the Transaction Valuation by 0.0001298.

 

¨ Check box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting of the fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

Amount Previously Paid:   N/A   Filing Party:  N/A
   
Form or Registration No.:  N/A   Date Filed:    N/A

 

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of this transaction, passed upon the merits or fairness of this transaction, or passed upon the adequacy or accuracy of the disclosure in this transaction statement on schedule 13e-3. Any representation to the contrary is a criminal offense.

 

 

 

 

 

Table of Contents

 

Item 15 Additional Information 2
     
Item 16 Exhibits 3

 

 

 

 

INTRODUCTION

 

This amendment No. 5 to Rule 13e-3 transaction statement on Schedule 13E-3 (“this Final Amendment“), together with the exhibits hereto and as amended (this “Transaction Statement”), is being filed with the United States Securities and Exchange Commission (the “SEC”) pursuant to Section 13(e) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), jointly by the following persons (each, a “Filing Person,” and collectively, the “Filing Persons”): (a) 58.com Inc., an exempted company with limited liability incorporated under the laws of the Cayman Islands (the “Company”), the issuer of the Class A ordinary shares, par value US$0.00001 per share (each, a “Class A Share” and collectively, the “Class A Shares,” and, together with the Class B ordinary shares of the Company, par value US$0.00001 per share (each, a “Class B Share” and collectively, the “Class B Shares”), the “Shares”), including the Class A Shares represented by the American depositary shares, each representing two Class A Shares (the “ADSs”), that is subject to the transaction pursuant to Rule 13e-3 under the Exchange Act; (b) Quantum Bloom Group Ltd, an exempted company with limited liability incorporated under the laws of the Cayman Islands (“Parent”); (c) Quantum Bloom Company Ltd, an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly-owned subsidiary of Parent (“Merger Sub”); (d)Warburg Pincus China-Southeast Asia II (Cayman), L.P., Warburg Pincus China-Southeast Asia II-E (Cayman), L.P., WP China-Southeast Asia II Partners (Cayman), L.P., Warburg Pincus China-Southeast Asia II Partners, L.P., Warburg Pincus (Callisto) Global Growth (Cayman), L.P., Warburg Pincus (Europa) Global Growth (Cayman), L.P., Warburg Pincus Global Growth-B (Cayman), L.P., Warburg Pincus Global Growth-E (Cayman), L.P., WP Global Growth Partners (Cayman), L.P. and Warburg Pincus Global Growth Partners (Cayman), L.P., each an exempted limited partnership formed under the laws of the Cayman Islands (collectively, the “Warburg Entities”); (e) Polarite Gem Holdings Group Ltd, an exempted company with limited liability incorporated and existing under the laws of the Cayman Islands (“WP SPV,” and, together with the Warburg Entities, collectively “Warburg Pincus”); (f) General Atlantic Partners (Bermuda) IV, L.P., a Bermuda exempted limited partnership and General Atlantic Partners (Bermuda) III, L.P. (collectively, the “GA Bermuda Funds”); (g) GAP Coinvestments CDA, L.P., a Delaware limited partnership (“GA CDA”), GAP Coinvestments V, LLC, a Delaware limited liability company (“GAPCO V”), GAP Coinvestments IV, LLC, a Delaware limited liability company (“GAPCO IV”), and GAP Coinvestments III, LLC, a Delaware limited liability company (“GAPCO III,” and, together with GA CDA, GAPCO V and GAPCO IV, collectively, the “GA Delaware Funds”); (h) General Atlantic GenPar (Bermuda), L.P., a Bermuda exempted limited partnership (“GA GenPar Bermuda”); (i) General Atlantic LLC, a Delaware limited liability company (“GA LLC”); (j) GAP (Bermuda) Limited, a Bermuda exempted company (“GA Bermuda”); (k) General Atlantic Singapore Interholdco Ltd., a Bermuda exempted company (“GA Interholdco”); (l) General Atlantic Singapore Fund Pte. Ltd., a company incorporated and existing under the laws of Singapore (“GA Fund”); (m) General Atlantic Singapore 58 Pte. Ltd., a company incorporated and existing under the laws of Singapore (“GA SPV I”), (n) General Atlantic Singapore 58TP Pte. Ltd., a company incorporated and existing under the laws of Singapore (“GA SPV II,” and, together with the GA Bermuda Funds, the GA Delaware Funds, GA GenPar Bermuda, GA LLC, GA Bermuda, GA Interholdco, GA Fund and GA SPV I, collectively, “General Atlantic” or the “General Atlantic Filing Persons”); (o) Mr. Nanyan Zheng, a citizen of the People’s Republic of China (“Mr. Zheng”); (p) Mr. Tianyi Jiang, a Hong Kong permanent resident (“Mr. Jiang”); (q) Ocean Link Partners II GP Limited, an exempted company with limited liability incorporated and existing under the laws of the Cayman Islands (“Ocean Link GP”); (r) Ocean Link Partners II GP, L.P., an exempted limited partnership formed under the laws of the Cayman Islands (“Ocean Link Partners”); (s) Ocean Link Partners II, L.P., an exempted limited partnership formed under the laws of the Cayman Islands (“Ocean Link Fund II”); (t) Ocean Alliance III Company Limited, an exempted company with limited liability incorporated and existing under the laws of the Cayman Islands (“Ocean Alliance GP”), (u) Ocean Alliance III, L.P., an exempted limited partnership formed under the laws of the Cayman Islands (“Ocean Alliance Fund”), (v) Ocean Magical Site Limited, an exempted company with limited liability incorporated and existing under the laws of the Cayman Islands (“Ocean Link SPV,” and, together with Mr. Zheng, Mr. Jiang, Ocean Link GP, Ocean Link Partners, Ocean Link Fund II, Ocean Alliance GP and Ocean Alliance Fund, collectively, “Ocean Link”); (w) Mr. Jinbo Yao, chairman of the board of directors, chief executive officer and founder of the Company (“Mr. Yao”); (x) Nihao China Corporation, a company incorporated under the Laws of the British Virgin Islands (“Nihao”); (y) Internet Opportunity Fund LP, an exempted limited partnership formed under the laws of the Cayman Islands (“Internet Opportunity Fund”); (z) Tencent Holdings Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands (“Tencent Holdings”); (aa) Ohio River Investment Limited, a British Virgin Islands company and a wholly owned subsidiary of Tencent Holdings (“Ohio River”); (bb) THL E Limited, a British Virgin Islands company and a wholly owned subsidiary of Tencent Holdings (“THL E”); and (cc) Huang River Investment Limited, a British Virgin Islands company and a wholly owned subsidiary of Tencent Holdings (“Huang River,” and, together with Ohio River and THL E, collectively the “Other Rollover Shareholders”; and, together with Tencent Holdings collectively, the “Other Rollover Entities”). Mr. Yao, Nihao and GA SPV I are collectively referred to as the “Supporting Shareholders.” Mr. Yao, Nihao and the Other Rollover Shareholders are collectively referred to as the “Rollover Shareholders.” Filing Persons (b) through (y) are collectively referred to herein as the “Buyer Group.” Filings persons (b) through (cc) are collectively referred to herein as the “Participants.”

 

  1  

 

 

This Final Amendment is being filed pursuant to Rule 13e-3(d)(3) to report the results of the transaction that is the subject of the Transaction Statement.

 

All capitalized terms used in this Amendment and not otherwise defined have the meanings ascribed to such terms in the Transaction Statement, including the Proxy Statement attached as exhibit (a)-(1) to the Transaction Statement.

 

Item 15 Additional Information

 

Item 15(c) is hereby amended and supplemented as follows:

 

On September 17, 2020, the Company and Merger Sub filed the Plan of Merger with the Registrar of Companies of the Cayman Islands, which was registered by the Registrar of Companies of the Cayman Islands as of September 17, 2020, pursuant to which the Merger became effective on September 17, 2020. As a result of the Merger, the Company became a wholly owned subsidiary of Parent.

 

At the Effective Time, (a) each Share (other than Shares represented by ADSs) issued and outstanding immediately prior to the Effective Time was cancelled and ceased to exist in exchange for the right to receive US$28.00 per Share and (b) each ADS issued and outstanding immediately prior to the Effective Time, together with each Share represented by such ADS, were cancelled and ceased to exist in exchange for the right to receive US$56.00 per ADS (less US$0.05 per ADS cash distribution fee payable pursuant to the terms of the Deposit Agreement), in each case, in cash, without interest and net of any applicable withholding taxes, except for (i) Shares (including Shares represented by ADSs) held by Parent, the Company or any of their respective subsidiaries immediately prior to the Effective Time, (ii) Shares (including ADSs corresponding to such Shares) held by the ADS Depositary and reserved for issuance and allocation pursuant to the Company’s Share Incentive Plans (as defined below), (iii) each of the Rollover Shares (the excluded Shares described under (i) through (iii) above are collectively referred to herein as the “Excluded Shares”), which was cancelled without payment of any consideration or distribution therefor in exchange for newly issued shares of Parent pursuant to the Support Agreement and the Rollover Agreement, and (iv) Shares owned by holders who shall have validly exercised and not effectively withdrawn or lost their rights to dissent from the Merger pursuant to Section 238 of the CICL (the “Dissenting Shares”). The Excluded Shares and ADSs represented by such Excluded Shares were cancelled and ceased to exist without payment of any consideration or distribution therefor. The Dissenting Shares were cancelled and ceased to exist in exchange for the right to receive the fair value of such Dissenting Shares determined by the Grand Court of the Cayman Islands in accordance with Section 238 of the CICL.

 

In addition, at the Effective Time, the Company (a) instructed the ADS Depositary to terminate the Company’s ADS program, (b) terminated the Company’s Employee Stock Option Plan adopted in March 2010 and Share Incentive Plan adopted in September 2013 (as amended and restated, collectively, the “Share Incentive Plans”), and all relevant award agreements entered into under the Share Incentive Plans, (c) cancelled all Company Options granted under the Share Incentive Plans that were then outstanding and unexercised, whether or not vested or exercisable and (d) cancelled all Company RSUs granted under the Share Incentive Plans that were then outstanding, whether or not vested. As soon as practicable after the Effective Time, (i) each former holder of a Company Option that shall have become vested or was expected to vest on or prior to December 31, 2020 and remained outstanding on the closing date (each, a “Vested Company Option”) that was cancelled at the Effective Time will receive, from the Surviving Company or one of its subsidiaries, an amount in cash equal to the product of (x) the excess, if any, of US$28.00 over the applicable per Share exercise price of such Vested Company Option and (y) the number of Class A Shares underlying such Vested Company Option, without interest and net of any applicable withholding taxes, (ii) each former holder of a Company Option that was not a Vested Company Option (each, an “Unvested Company Option”) that was cancelled at the Effective Time shall, in exchange therefor, be provided with an employee incentive award, to replace such Unvested Company Option, pursuant to terms and conditions to be determined by Parent and in accordance with the Share Incentive Plans and the award agreement with respect to such Unvested Company Option, (iii) each former holder of a Company RSU that shall have become vested or was expected to vest on or prior to December 31, 2020 and remained outstanding on the closing date (each, a “Vested Company RSU”) that was cancelled at the Effective Time will receive, from the Surviving Company or one or more of its subsidiaries, a cash amount equal to US$28.00 per Share underlying such Vested Company RSU, without interest and net of any applicable withholding taxes, and (iv) each former holder of a Company RSU that was not a Vested Company RSU (each, an “Unvested Company RSU”) that was cancelled at the Effective Time shall, in exchange therefor, be provided with an employee incentive award, to replace such Unvested Company RSU, pursuant to the terms and conditions to be determined by Parent and in accordance with the Share Incentive Plans and the award agreement with respect to such Unvested Company RSU.

 

As a result of the Merger, the ADS program for the ADSs will terminate and the ADSs will no longer be listed on any securities exchange or quotation system, including the New York Stock Exchange (“NYSE”), and the Company will cease to be a publicly traded company. The Company has requested NYSE to file an application on Form 25 with the SEC to remove the ADSs from listing on NYSE and withdraw registration of the ordinary shares under the Exchange Act. The deregistration will become effective 90 days after the filing of Form 25 or such shorter period as may be determined by the SEC. In addition, the Company will suspend its reporting obligations under the Exchange Act by filing a certification and notice on Form 15 with the SEC. The Company’s reporting obligations under the Exchange Act will be suspended immediately as of the filing date of the Form 15 and will terminate once the deregistration becomes effective.

 

  2  

 

 

Item 16 Exhibits

 

(a)-(1) Proxy Statement of the Company dated August 7, 2020.*

 

(a)-(2) Notice of Extraordinary General Meeting of Shareholders of the Company, incorporated herein by reference to the Proxy Statement.*

 

(a)-(3) Form of Proxy Card, incorporated herein by reference to Annex F to the Proxy Statement.*

 

(a)-(4) Form of Depositary Notice and Form of ADS Voting Instruction Card, each incorporated herein by reference to Annex G to the Proxy Statement.*

 

(a)-(5) Press Release issued by the Company, dated June 15, 2020, incorporated herein by reference to Exhibit 99.1 to the Current Report on Form 6-K furnished by the Company to the SEC on June 16, 2020.*

 

(a)-(6) Annual Report on Form 20-F for the year ended December 31, 2019 of the Company filed with the SEC on April 29, 2020.*

 

(a)-(7) Amendment No. 1 to the Annual Report on Form 20-F for the year ended December 31, 2019 of the Company filed with the SEC on June 29, 2020.*

 

  (a)-(8) Press Release issued by the Company, dated September 7, 2020, incorporated herein by reference to Exhibit 99.1 to the Current Report on Form 6-K furnished by the Company to the SEC on September 8, 2020.*

 

  (a)-(9) Press Release issued by the Company, dated September 18, 2020, incorporated herein by reference to Exhibit 99.1 to the Current Report on Form 6-K furnished by the Company to the SEC on September 18, 2020.

 

(b)-(1) Equity Commitment Letter, dated June 15, 2020, by and between Parent and the Warburg Entities.*

 

(b)-(2) Equity Commitment Letter, dated June 15, 2020, by and between Parent and GA Fund, incorporated herein by reference to Exhibit 99.6 to the Schedule 13D/A filed with the SEC by General Atlantic on June 17, 2020.*

 

(b)-(3) Equity Commitment Letter, dated June 15, 2020, by and between Parent and Ocean Link Fund II.*

 

(b)-(4) Equity Commitment Letter, dated June 15, 2020, by and between Parent and Internet Opportunity Fund, incorporated herein by reference to Exhibit 7.07 to the Schedule 13D/A filed with the SEC by Mr. Yao, Nihao, Internet Opportunity Fund and the other reporting persons named therein on June 17, 2020.*

 

(b)-(5) Debt Commitment Letter, dated June 5, 2020, by and between Merger Sub and Shanghai Pudong Development Bank Co., Ltd. Shanghai Branch incorporated herein by reference to Exhibit 7.06 to the Schedule 13D/A filed with the SEC by Mr. Yao, Nihao, Internet Opportunity Fund and the other reporting persons named therein on June 17, 2020.*

 

  (b)-(6) Facilities Agreement, dated September 2, 2020, between Parent, Merger Sub, Shanghai Pudong Development Bank Co., Ltd. Shanghai Branch (as Sole Original Mandated Lead Arranger, Agent and Security Agent), China Merchants Bank Co., Ltd. Shanghai Branch (as Joint Mandated Lead Arranger), Industrial Bank Co., Ltd. Shanghai Branch (as Arranger) and Ping An Bank Co., Ltd., Shanghai Branch (as Arranger).*
     
  (b)-(7) Facility Agreement, dated September 8, 2020, between Nihao, Nihao Haven Corporation and Shanghai Pudong Development Bank Co., Ltd. Shanghai Branch (as Mandated Lead Arranger, Lender, Agent and Security Agent).*

 

(c)-(1) Opinion of Houlihan Lokey, dated June 15, 2020, incorporated herein by reference to Annex B to the Proxy Statement.*

 

(c)-(2) Discussion Materials prepared by Houlihan Lokey for discussion with the special committee of the board of directors of the Company, dated June 12, 2020.*

 

(c)-(3) Discussion Materials prepared by Houlihan Lokey for discussion with the special committee of the board of directors of the Company, dated June 15, 2020.*

 

(d)-(1) Agreement and Plan of Merger, dated June 15, 2020, among the Company, Parent and Merger Sub, incorporated herein by reference to Annex A-1 to the Proxy Statement.*

 

(d)-(2) Support Agreement, dated June 15, 2020, by and among Parent and the Supporting Shareholders, incorporated herein by reference to Annex D to the Proxy Statement.*

 

(d)-(3) Limited Guarantee, dated June 15, 2020, by the Warburg Entities in favor of the Company.*

 

(d)-(4) Limited Guarantee, dated June 15, 2020, by GA Fund in favor of the Company, incorporated herein by reference to Exhibit 99.9 to the Schedule 13D/A filed with the SEC by General Atlantic on June 17, 2020.*

 

(d)-(5) Limited Guarantee, dated June 15, 2020, by Ocean Link Fund II in favor of the Company.*

 

  3  

 

 

(d)-(6) Limited Guarantee, dated June 15, 2020, by Internet Opportunity Fund in favor of the Company, incorporated herein by reference to Exhibit 7.10 to the Schedule 13D/A filed with the SEC by Mr. Yao, Nihao, Internet Opportunity Fund and the other reporting persons named therein on June 17, 2020.*

 

(d)-(7) Interim Investors Agreement, dated June 15, 2020, by and among Parent, Merger Sub, Mr. Yao, Internet Opportunity Fund, WP SPV, GA SPV II and Ocean Link SPV, incorporated herein by reference to Exhibit 7.09 to the Schedule 13D/A filed with the SEC by Mr. Yao, Nihao, Internet Opportunity Fund and the other reporting persons named therein on June 17, 2020.*

 

(d)-(8) Rollover Agreement, dated June 15, 2020, by and among Parent and the Other Rollover Shareholders, incorporated herein by reference to Exhibit 2 to the Schedule 13D/A filed with the SEC by Tencent Holdings and the other reporting persons named therein on June 17, 2020.*

 

  (d)-(9) Plan of Merger to be executed by and between the Company and Merger Sub, incorporated herein by reference to Annex A-2 to the Proxy Statement.*

 

(f)-(1) Dissenters’ Rights, incorporated herein by reference to the section entitled “Dissenters’ Rights” in the Proxy Statement.*

 

(f)-(2) Section 238 of the Companies Law Cap. 22 (Law 3 of 1961, as consolidated and revised) of the Cayman Islands, incorporated herein by reference to Annex C to the Proxy Statement.*

 

(g) Not applicable.

 

* Previously filed.

  4  

 

 

 

SIGNATURES

 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: September 18, 2020

 

  58.com Inc.
  By: /s/ Robert Frank (Bob) Dodds, Jr.
    Name:  Robert Frank (Bob) Dodds, Jr.
    Title:  Member of the Special Committee

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

  Quantum Bloom Group Ltd
  By: /s/ Cheung Lun Julian CHENG
    Name: Cheung Lun Julian CHENG
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Quantum Bloom Company Ltd
  By: /s/ Cheung Lun Julian CHENG
    Name: Cheung Lun Julian CHENG
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Polarite Gem Holdings Group Ltd
   
  By: /s/ Steven G. Glenn
    Name:   Steven G. Glenn
    Title:     Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

Warburg Pincus China-Southeast Asia II (Cayman), L.P.
     
  By: Warburg Pincus (Cayman) China-Southeast Asia II GP, L.P., its general partner
     
  By: Warburg Pincus (Cayman) China-Southeast Asia II GP LLC, its general partner
     
  By: Warburg Pincus Partners II (Cayman), L.P., its managing member
     
  By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner
     
   
  By: /s/ Steven G. Glenn
    Name:     Steven G. Glenn
    Title:       Authorised Signatory

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

WARBURG PINCUS CHINA-SOUTHEAST ASIA II-E (CAYMAN), L.P.
     
  By: Warburg Pincus (Cayman) China-Southeast Asia II GP, L.P., its general partner
     
  By: Warburg Pincus (Cayman) China-Southeast Asia II GP LLC, its general partner
     
  By: Warburg Pincus Partners II (Cayman), L.P., its managing member
     
  By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner
     
   
  By: /s/ Steven G. Glenn
    Name:     Steven G. Glenn
    Title:       Authorised Signatory

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

WP CHINA-SOUTHEAST ASIA II PARTNERS (CAYMAN), L.P.
     
  By: Warburg Pincus (Cayman) China-Southeast Asia II GP, L.P., its general partner
     
  By: Warburg Pincus (Cayman) China-Southeast Asia II GP LLC, its general partner
     
  By: Warburg Pincus Partners II (Cayman), L.P., its managing member
     
  By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner
     
   
  By: /s/ Steven G. Glenn
    Name:     Steven G. Glenn
    Title:       Authorised Signatory

  

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

WARBURG PINCUS CHINA-SOUTHEAST ASIA II PARTNERS, L.P.
     
  By: Warburg Pincus (Cayman) China-Southeast Asia II GP, L.P., its general partner
     
  By: Warburg Pincus (Cayman) China-Southeast Asia II GP LLC, its general partner
     
  By: Warburg Pincus Partners II (Cayman), L.P., its managing member
     
  By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner
     
   
  By: /s/ Steven G. Glenn
    Name:     Steven G. Glenn
    Title:       Authorised Signatory

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

WARBURG PINCUS (CALLISTO) GLOBAL GROWTH (CAYMAN), L.P.
     
  By:

Warburg Pincus (Cayman) Global Growth GP, L.P., its general partner

     
  By:

Warburg Pincus (Cayman) Global Growth GP LLC, its general partner

     
  By:

Warburg Pincus Partners II (Cayman), L.P., its managing member

     
  By:

Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner

     
   
  By: /s/ Steven G. Glenn
    Name:     Steven G. Glenn
    Title:       Authorised Signatory

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

WARBURG PINCUS (EUROPA) GLOBAL GROWTH (CAYMAN), L.P.
     
  By:

Warburg Pincus (Cayman) Global Growth GP, L.P., its general partner

     
  By:

Warburg Pincus (Cayman) Global Growth GP LLC, its general partner

     
  By: Warburg Pincus Partners II (Cayman), L.P., its managing member
     
  By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner
     
   
  By: /s/ Steven G. Glenn
    Name:     Steven G. Glenn
    Title:       Authorised Signatory

  

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

WARBURG PINCUS GLOBAL GROWTH-B (CAYMAN), L.P.
     
  By: Warburg Pincus (Cayman) Global Growth GP, L.P., its general partner
     
  By: Warburg Pincus (Cayman) Global Growth GP LLC, its general partner
     
  By: Warburg Pincus Partners II (Cayman), L.P., its managing member
     
  By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner
     
   
  By: /s/ Steven G. Glenn
    Name:     Steven G. Glenn
    Title:       Authorised Signatory

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

WARBURG PINCUS GLOBAL GROWTH-E (CAYMAN), L.P.
     
  By:

Warburg Pincus (Cayman) Global Growth GP, L.P., its general partner

     
  By:

Warburg Pincus (Cayman) Global Growth GP LLC, its general partner

     
  By: Warburg Pincus Partners II (Cayman), L.P., its managing member
     
  By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner
     
   
  By: /s/ Steven G. Glenn
    Name:     Steven G. Glenn
    Title:       Authorised Signatory

  

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

WARBURG PINCUS GLOBAL GROWTH PARTNERS (CAYMAN), L.P.
     
  By: Warburg Pincus (Cayman) Global Growth GP, L.P., its general partner
     
  By: Warburg Pincus (Cayman) Global Growth GP LLC, its general partner
     
  By: Warburg Pincus Partners II (Cayman), L.P., its managing member
     
  By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner
     
   
  By: /s/ Steven G. Glenn
    Name:     Steven G. Glenn
    Title:       Authorised Signatory

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

WP GLOBAL GROWTH PARTNERS (CAYMAN), L.P.
     
  By: Warburg Pincus (Cayman) Global Growth GP, L.P., its general partner
     
  By: Warburg Pincus (Cayman) Global Growth GP LLC, its general partner
     
  By: Warburg Pincus Partners II (Cayman), L.P., its managing member
     
  By: Warburg Pincus (Bermuda) Private Equity GP Ltd., its general partner
     
   
  By: /s/ Steven G. Glenn
    Name:     Steven G. Glenn
    Title:       Authorised Signatory

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  GAP Coinvestments CDA, L.P.  
   
  By: General Atlantic LLC, its General Partner
       
  By: /s/ J. Frank Brown
    Name: J. Frank Brown
    Title: Managing Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  GAP Coinvestments V, LLC  
   
  By: General Atlantic LLC, its Managing Member
       
  By: /s/ J. Frank Brown
    Name: J. Frank Brown
    Title: Managing Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  GAP Coinvestments IV, LLC  
   
  By: General Atlantic LLC, its Managing Member
       
  By: /s/ J. Frank Brown
    Name: J. Frank Brown
    Title: Managing Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  GAP Coinvestments III, LLC  
   
  By: General Atlantic LLC, its Managing Member
       
  By: /s/ J. Frank Brown
    Name: J. Frank Brown
    Title: Managing Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  General Atlantic LLC
     
  By: /s/ J. Frank Brown
    Name: J. Frank Brown
    Title: Managing Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  GAP (Bermuda) Limited
     
  By: /s/ J. Frank Brown
    Name: J. Frank Brown
    Title: Managing Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

  General Atlantic GenPar (Bermuda), L.P.
   
  By: GAP (Bermuda) Limited, its General Partner
   
  By: /s/ J. Frank Brown
    Name: J. Frank Brown
    Title: Managing Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

  General Atlantic Partners (Bermuda) IV, L.P.
   
  By: General Atlantic GenPar (Bermuda), L.P., its General Partner
  By: GAP (Bermuda) Limited, its General Partner
   
  By: /s/ J. Frank Brown
    Name: J. Frank Brown
    Title: Managing Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  General Atlantic Partners (Bermuda) III, L.P.
   
  By: General Atlantic GenPar (Bermuda), L.P., its General Partner
  By: GAP (Bermuda) Limited, its General Partner
   
  By: /s/ J. Frank Brown
    Name: J. Frank Brown
    Title: Managing Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  General Atlantic Singapore Interholdco Ltd.
   
  By: /s/ J. Frank Brown
    Name: J. Frank Brown
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  General Atlantic Singapore Fund Pte. Ltd.
   
  By: /s/ Ong Yu Huat 
    Name:  Ong Yu Huat
    Title:  Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  General Atlantic Singapore 58 Pte. Ltd.
   
  By: /s/ Ong Yu Huat
    Name:  Ong Yu Huat
    Title:  Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  General Atlantic Singapore 58TP Pte. Ltd.
   
  By: /s/ Ong Yu Huat
    Name:  Ong Yu Huat
    Title:  Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

  

  Nanyan Zheng
  /s/ Nanyan Zheng

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Tianyi Jiang
  /s/ Tianyi Jiang

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Ocean Link Partners II GP Limited
   
  By: /s/ Tianyi Jiang
    Name: Tianyi Jiang
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Ocean Link Partners II GP, L.P.
  By: Ocean Link Partners II GP Limited, its general partner
   
  By: /s/ Tianyi Jiang 
    Name: Tianyi Jiang
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Ocean Link Partners II, L.P.
  By: Ocean Link Partners II GP, L.P., its general partner
  By: Ocean Link Partners II GP Limited, its general partner
   
  By: /s/ Tianyi Jiang 
    Name: Tianyi Jiang
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Ocean Alliance III Company Limited
   
  By: /s/ Tianyi Jiang
    Name: Tianyi Jiang
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

 

Ocean Alliance III, L.P.

By: Ocean Alliance III Company Limited, its general partner

   
  By: /s/ Tianyi Jiang
    Name: Tianyi Jiang
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Ocean Magical Site Limited
   
  By: /s/ Tianyi Jiang 
    Name: Tianyi Jiang
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Jinbo Yao
  /s/ Jinbo Yao

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Internet Opportunity Fund LP
  By:

Internet Opportunity Company,

its general partner  

   
  By: /s/ Jinbo Yao
    Name: Jinbo Yao
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Nihao China Corporation
   
  By: /s/ Jinbo Yao
    Name: Jinbo Yao
    Title: Director  

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Tencent Holdings Limited
   
  By: /s/ Huateng Ma 
    Name: Huateng Ma
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Ohio River Investment Limited
   
  By: /s/ Huateng Ma
    Name: Huateng Ma
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  THL E Limited
   
  By: /s/ Huateng Ma 
    Name:  Huateng Ma
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

 

  Huang River Investment Limited
   
  By: /s/ Huateng Ma 
    Name:  Huateng Ma
    Title: Director

 

[Signature Page to Schedule 13E-3/A and Proxy Statement]

 

 

 

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